Risk of Slow-Moving Inventory and Inventory Write-Downs
First written in FY2023. 2 of 4 entries say "Materialised", first in FY2024. Latest entry: FY2025.
Image Magic moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2018: 11 of 37 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2025Write-down results updatedAnnual report
「期末棚卸高は収益性の低下に伴う簿価切下げ後の金額であり、次の棚卸資産評価損が売上原価に含まれております。 32,061 千円 28,161 千円」
棚卸資産評価損は前事業年度の32,061千円から28,161千円へ減少したが、滞留在庫・収益性低下に伴う評価損の計上は継続している。 - 2026-03-02MaterialisedEarnings presentation
「Gross margin declined in Q4 due to an impairment loss associated with replacing sold hardware」
The company indicated that an impairment loss associated with replacing sold hardware actually occurred and reduced the gross margin of the solution services business. - FY2024MaterialisedAnnual report
「期末棚卸高は収益性の低下に伴う簿価切下げ後の金額であり、次の棚卸資産評価損が売上原価に含まれております。 32,061 千円」
棚卸資産評価損を32,061千円計上した。前事業年度の27,136千円から増加しており、滞留在庫・収益性低下に伴う評価損が引き続き実績として発生している。 - FY2023First statedAnnual report
「If slow-moving inventory that has fallen outside the normal operating cycle increases substantially because market conditions deteriorate, additional inventory write-downs may be recorded in the following fiscal year’s financial statements.」
The Company identifies the risk of additional inventory write-downs if market conditions deteriorate and slow-moving inventory increases.